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Welcome to this remarkable 2-Storey multiplex located in the coveted neighborhood of Goderich (Town). Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,900,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Investors take note! With approximately 10,800 sq. ft. of combined finished and development ready floorspace on all levels combined, the income potential here is palpable! Currently set up as a functional and legal 5-plex with strong income potential in its current, turn-key state, this property also features a number of unique development opportunities to expand your investment further well beyond current average CAP rates even after including further development costs! Each unit is large and spacious for their respective bedroom counts. There are two 1 bed units, two 2-beds, and a surprisingly large 4 bedroom unit! With extra, unused gas meter hubs, plenty of additional hydro meter slots, unfinished basement for development access or additional units, and plenty of parking space, a savvy investor will find plenty of opportunity waiting to be unlocked.
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The current listing price for 77 Montreal Street, Goderich, ON in Goderich (Town), Goderich is $1,900,000.
This property features 10 bedrooms and 7 bathrooms across approximately 5000 + sqft.
77 Montreal Street, Goderich, ON is a Multiplex (2-Storey) featuring a Full, Unfinished basement.
Key property features include: Lake/Pond, Library, Other, Park, Place Of Worship, School.
Interior highlights include: Separate Heating Controls, Separate Hydro Meter.
Yes, this property offers parking space for 11.0 vehicles (Attached).
Heating is provided via Gas and cooling via Central Air.
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Goderich (Town), Goderich
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
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This could be the first listing for this address.
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Data-driven valuation for 77 Montreal Street, Goderich, ON N7A 2G5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Goderich.
About Purchasing a Home in Goderich, ON
For a property listed at $1,900,000 in Goderich, the legal minimum down payment is $380,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $34,475 for this transaction. As this listing is in Goderich (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $34,475.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Goderich (Town), Goderich.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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